GCMAsia - EURUSD
EURUSD
2017-05-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.1145 | Daily |
| Support | 1.0975 | Daily |
EURUSD, Daily: EURUSD has recently broke out from the top level of upward channel, signaling a change in trend direction to move further upwards. As the MACD histogram continues to illustrate upward signal and momentum, it is expected to advance further up, towards the target of resistance level at 1.1145.
Resistance level: 1.1145, 1.1250
Support level: 1.0975, 1.0850